GLI Acquires iTech Labs to Strengthen Certification Services
iTech Labs, a leading provider of testing and compliance services, has been fully acquired by Gaming Laboratories International (GLI). The deal, although the financial details remain undisclosed, will see iTech continue to operate independently under its own brand. Both companies expressed satisfaction and shared vision for the future.
The acquisition is a strategic move for iTech, which has experienced significant growth and sees this as a logical next step. GLI, with its strong rapport with global regulators, will bring added benefits to iTech's customers. iTech Labs will coordinate with GLI's back-office staff to achieve more clients and stronger commercial real estate results.
GLI president James Maida is pleased with the partnership, highlighting the continuation of iTech Labs' unique brand. iTech Labs chief executive Kiren Sreekumar shares this sentiment, citing the shared values between the two companies. Both GLI and iTech aspire to deliver the best possible product across international markets.
The acquisition of iTech Labs by GLI is set to strengthen the certification services sector. iTech will continue to operate independently, leveraging GLI's strong global connections to expand its client base and commercial real estate success. The shared vision and values of both companies promise a bright future for their collaboration.